This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

TVI Pacific Inc. Provides An Update On Its Mindoro Joint Venture Projects

Since the quality of limestone quarried at Agata is expected to be high, the Project Execution/Technology Development team also plans to construct a lime production facility at the Agata project site. The lime produced would be used in the nickel processing plant, offsetting the costs of imported lime while also creating potential for some to be sold. The lime processing facility is a medium-term project currently expected to come online at the beginning of 2015 pending the receipt of all required permits, among other things.

The development plans and initial pre-development activities for the two DSO operations are underway and include:

a)     For the high Fe DSO operation:
  • the preparation of compliance reports to regulators
  • land acquisition for the port facilities and roads
  • planning and design for port construction
  • road/infrastructure design and construction plans
  • initial pre-development activities, including initial road construction and camp development
  • confirming markets for products
  • mine development planning
  • community relations

b)     For the Limestone DSO operation:
  • further drilling on the limestone deposits to delineate resource to NI 43-101 standards
  • preliminary concepts and mining plans for the limestone
  • confirming markets for limestone and lime products
  • metallurgical test works

An update to the NI 43-101 report prepared originally for Mindoro, together with a scoping study on both the Hi Fe and Limestone operations, are also initially planned and are to be followed by feasibility studies.

Agata Nickel (Ni) Processing Plant

The Agata Ni processing plant is a medium-term growth opportunity, which the Company expects could come into production in mid 2015, dependent on such things as a successful metallurgical testing program and pending receipt of the required permits. The plant would initially be designed to have a 20-year life, and would be built in modules with the ability to add capacity over time by adding further modules to increase throughput and Ni production. The Project Execution/Technology Development team is proposing the use of innovative, low cost leaching and downstream Ni recovery and purification technology rather than the traditional high cost HPAL processes used in the laterite nickel industry. TVIRD's team of technical staff engaged to deal with the Mindoro joint venture projects are the developers of this leaching and downstream Ni recovery and purification technology and their expertise will be used to fast-track the processing plant.

5 of 9

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,511.08 -172.50 -0.98%
S&P 500 2,048.91 -19.85 -0.96%
NASDAQ 4,916.8650 -75.0750 -1.50%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs